BUSINESS

A construction worker passes a condominium site with a roll of cable in Toronto, Ontario, Canada October 8, 2021.

Canada Posts Massive Job Gain, Jobless Rate Nears 3-year Low

Canada posted a blockbuster job gain in February, easily beating expectations and more than wiping out January's decline, while the unemployment rate dropped below its pre-pandemic level for the first time, data from Statistics Canada showed on Friday.

Russia Shock Hurls Gold Toward Record Highs

An employee processes ingots of 99.99 percent pure gold at the Krastsvetmet non-ferrous metals plant in the Siberian city of Krasnoyarsk, Russia March 10, 2022.
Gold prices are likely to rise to record highs as the risk that Russia's attack on Ukraine will stifle the global economy increases demand for the metal traditionally seen as a safe store of wealth, analysts said.
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A Boeing 787-10 Dreamliner taxis past the Final Assembly Building at Boeing South Carolina in North Charleston, South Carolina, United States, March 31, 2017.

Exclusive-Boeing Tests Suppliers On 787 Output Hikes -sources

Boeing Co is yet to see any respite from a freeze in deliveries of its 787 Dreamliner - but that has not stopped it testing suppliers' capacity to meet output scenarios as high as seven a month by end-2023, three people with knowledge of the matter said.
Traders work on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., March 7, 2022.

Nasdaq, S&P 500 Drop As Tech Drags At End Of Bumpy Week

The Nasdaq and the S&P 500 fell on Friday as tech and growth shares weighed and investors worried about the conflict in Ukraine and higher inflation as attention turned to the Federal Reserve's policy meeting next week.
President and Chairman of the Board of MMC Norilsk Nickel Vladimir Potanin attends a session of the St. Petersburg International Economic Forum (SPIEF), Russia June 6, 2019. 

Don't Take Russia Back To 1917, Russia's Metals King Warns

Confiscating the assets of companies that have fled Russia after the invasion of Ukraine would shatter investor confidence for decades and take Russia back to the calamitous days of the 1917 Bolshevik revolution, metals magnate Vladimir Potanin said.

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